The unavilability of houses on Broad Street is a problem for KKG- no open space or any for sale. Yes, they do have one or two townhouses for its members but in order for a Greek organization to be recognized on campus, they must live in a house with Greek letters on them. And the Res Life does not want to put up Greek letters on these brand new townhouses as it is not the purpose of this townhouse community (to be turned into a Greek scene). When my sorority was in danger of losing our house due to a low number of volunteers, we were told that we'd get "demoted" to one townhouse for 16 sisters and not have Greek letters. Fortunately, we stepped up our efforts and are keeping our house for another year. Res Life is certainly making life difficult for the Greeks!!!
As for the news on DKE, I don't know- as far as I know that house is still under DKE's ownership.
I have e-mailed my dear friend, Tim Mansfield, who is the director of Greek affairs to get updated on these current rumors